Construction PRO

The liquidators of collapsed developer FW Projects have filed action against former directors of the company, seeking to claw back debts of millions of dollars arising from alleged insolvent trading.

Dutch pension provider APG Asset Management has partnered with renewable energy fund manager and developer Octopus Investments, vowing to invest over $1 billion into Octopus’s flagship investment fund.

Two Japanese real estate giants will partner with Lendlease on its plan to develop a $2.5 billion luxury apartment complex overlooking Sydney’s Hyde Park.

Real estate funds manager Carpe Diem has scooped up the 42-room UME Potts Point co-living apartment block in Sydney’s east.

Developers Stockland and John Boyd are teaming up to build a $3.5 billion logistics precinct at the site of 18.3-hectare Kogarah golf club near the Sydney Airport.

A judge has ordered the sales proceeds of Western Sydney properties linked to former Dyldam director Sam Fayad to be paid into court, saying there was an arguable case that the sales were intended to defraud creditors.

Retirement village operator Lifestyle Communities has secured a reprieve from a ruling that found its exit fee policy was unenforceable, but has said it won't spend the funds it collects while the stay is in place.

Private equity giant KKR has committed $500 million to speed the growth of CleanPeak Energy, an Australian company providing renewable energy solutions to blue-chip players in the commercial and industrial sectors.

The liquidators of iProsperity Group want Crown to repay $55 million in company funds they say were gambled away by the real estate funds manager's directors.

NSW engineering firm Daracon Group has failed to overturn a state independent planning commission’s decision which rejected its plan to expand a hard rock quarry in the Hunter Region.